"Carbon (Dioxide) trading is now the fastest growing commodities market on earth.....And here’s the great thing about it. Unlike traditional commodities markets, which will eventually involve delivery to someone in physical form, the carbon (dioxide) market is based on lack of delivery of an invisible substance to no-one. Since the market revolves around creating carbon (dioxide) credits, or finding carbon (dioxide) reduction projects whose benefits can then be sold to those with a surplus of emissions, it is entirely intangible." (Telegraph)
This blog has been tracking the 'Global Warming Scam' for over five years now. There are a very large number of articles being published in blogs and more in the MSM who are waking up to the fact the public refuse to be conned any more and are objecting to the 'green madness' of governments and the artificially high price of energy. This blog will now be concentrating on the major stories as we move to the pragmatic view of 'not if, but when' and how the situation is managed back to reality. To quote Professor Lindzen, "a lot of people are going to look pretty silly"
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Sunday, 19 February 2012
Green taxes add 15% to your energy bills: Charges imposed to help Government meet emission cut pledges
"Electricity prices are 15 per cent more expensive than they should be because of green policies, Whitehall officials have admitted. Energy costs for hard-pressed consumers have been pushed up by extra charges imposed to help the Government meet pledges to cut carbon emissions. Projections in Whitehall show that by 2020, the burden for electricity will be an astonishing 27 per cent more than it would otherwise have been. The figure for gas will be 7 per cent higher."